FairRentWize

Terre Haute Fair Market Rent 2026

HUD Fair Market Rent data for the Terre Haute metropolitan area. Median household income: $40,500/year. Vacancy rate: 7.7%.

2BR FMR

$676/mo

Median Income

$40,500

Vacancy Rate

7.7%

Rent Burden

20.0%

Fair Market Rent by Bedroom Size

Studio$419/mo
1 Bedroom$537/mo
2 Bedroom$676/mo
3 Bedroom$806/mo
4 Bedroom$964/mo

Affordability Analysis

Based on the 30% rule, a household earning the median income of $40,500/year can afford up to $1,013/mo in rent.

The 2BR FMR of $676/mo represents 20.0% of median income, which is within the 30% affordability threshold.

Rental Market Conditions

The vacancy rate of 7.7% in Terre Haute indicates a loose rental market. Higher vacancy gives renters more options and potential leverage on pricing.

Frequently Asked Questions

What is the average rent in Terre Haute?

The 2026 HUD FMR for a 2-bedroom in the Terre Haute metro area is $676/month. 1BR: $537, 3BR: $806.

What is the vacancy rate in Terre Haute?

The rental vacancy rate in Terre Haute is 7.7%. A rate below 5% typically indicates a tight rental market.

Is Terre Haute affordable for renters?

With a median income of $40,500 and 2BR rent at $676/mo, rent takes about 20% of income in Terre Haute.

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